Price pace calculator
The price pace calculator provides you with an estimate of your individual pricing pace for wheat you have committed to the CWB for delivery in a specific crop year. It takes into account what you plan to deliver into the pool as well as what you have allocated to individual Producer Payment Options (PPOs).
The price pace of the pool is the starting point for the calculation, while each PPO you use will affect your total level of pricing. You can use this tool to help estimate the tonnage that is exposed to price risk. This in turn, can help you make pricing decisions such as whether to take out a Fixed Price Contract, Basis Price Contract or FlexPro.
*The calculator does not take into consideration grain being priced into the next crop year, for example through the Wheat Storage Program, Churchill Storage Program and New Pool Pricing.
Calculating your level of pricing is as easy as 1, 2, 3!
- Step 1: Type in the current per cent priced by the CWB (found at the bottom of this page).
- Step 2: Type in the tonnage you intend to deliver to the CWB and the portion committed to individual PPOs.
- Step 3: Now 'calculate' to determine the total amount of your grain that's currently priced
Click here to learn more about the CWB price pace and why it might affect your pricing decisions.
Note: The price pace calculator is provided for use by a producer for information purposes only. The calculator is not in any way intended to constitute pricing advice and the CWB shall not be liable for any misinformation generated by a producer's use of the calculator.
September 2011-12 PRO and the price pace
The PRO is the forecast of the final pool return. It includes the estimated value on grain that has already been priced, and the forecasted value on grain that has yet to be priced. The CWB prices wheat on a pace that is approved annually by the board of directors. The futures and options markets are used to moderate faster or slower cash sales to ensure pricing follows this pace. At the time of this PRO, the CWB has priced approximately 57 per cent of the expected 2011-12 crop year deliveries of wheat. It is expected that the wheat pricing level will reach approximately 75 per cent by the end of March.
